Where can I buy Ethereum in India?

Ethereum is an altcoin with several features that allow it to do more than just be bought and sold.

Here, you can find a list of places to buy Ether and learn more about what makes it different. If you’re planning to purchase Ether, it’s worth knowing more about the coin’s unique features and its pros and cons.

Visit here to exchange Ethereum to INR

Things to consider with Ethereum

There are several problems that might stand in the way of Ether’s price increasing.

Smart contracts are easier said than done

The first problem is that writing a “bulletproof” smart contract is easier in theory than in practice. The hard fork that created Ethereum Classic (or Ether depending on how you look at it) came about as the result of a loophole in a contract, which led to the theft of about US$50 million worth of ETH.

A report from Microsoft pointed out that a large-scale analysis of published contracts on the Ethereum blockchain would most likely reveal a lot of vulnerabilities.

This is being addressed with the creation of publicly available “templates” of sorts, and users simply getting more experienced with time.

Performance issues

All smart contracts are stored publicly on every node of the blockchain. This helps drive transparency and security, but also but can also lead to performance issues.

As more users get involved and smart contracts become increasingly common and complex, performance issues might get worse.

Worse performance can lead to slower transaction times and increased transaction costs, which could undermine the point of it all.

There are several proposals in place to address these issues, but to date there’s no solid timeframe or detailed plan.

Ethereum price forecast

When forecasting the price of Ether and the value of the Ethereum blockchain, you might want to consider the following:

• The potential applications of smart contracts and how likely they are to be widely used in the future.
• Whether current issues are likely to be resolved and how long it might take.
• Whether competition from other coins might impact the value of Ether.
• How many other tokens and applications will take advantage of the Ethereum blockchain.

How to hold Ether

Like other cryptocurrencies, you hold ETH in a cryptocurrency wallet. However, not all wallets are compatible with it.

Some of the options include the following:

• The official Ethereum wallet
• Blockchain wallet
• Coinomi
• Exodus
• KeepKey
• Jaxx
• Ledger Nano S Wallet
• MyEtherWallet

It’s worth taking the time to compare the various options and features of each wallet if you plan on holding ETH.